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Estate Planning Attorney: Preparing for a Meeting

You don't technically require to do anything to prepare for a meeting with an estate planning attorney. Just having taken the action to set up a meeting is more than many people take, and you should be proud and confident in your decision to move forward with steady financial progress.

One of the saddest things a person can do to their heirs is to leave their assets in confusion. More often than not, it starts to infighting, resentment, and family difficulties that can last a long time. You can avoid all of that by making special plans ahead of time. To know more about estate planning, you can also check out Alexandria Estate Planning Attorney.

While you can think through particular decisions with your lawyer, here are some things you may want to discuss prior to your meeting.

Guardianship

If you have children under the age of 18, one of the initial things you need to think about is who will act as their guardian should you be unable to? So many parents fail to think of this, and it can have terrible consequences for the child. You don't need your child to wind up as a ward of the state, moving through foster places, and experiencing a very precarious life after you're gone.

Finances

If you were ever to reach the position where you couldn't handle your own investments, who would you need to be put in charge of them? Some feel happy committing financial control to an estate planning attorney or different professional in the field. Others want control handed over to a family. This is up to you, but it is another big thing you need to think about. You can also look for speedwelllaw.com to get more details about estate planning.

Your Heirs

What will become of your business, assets, and property after you've died? For those who have none of the certain things, it is of little concern. But if you have savings and ownership of property, you must consider who will receive it should you pass away.